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Clarifying Recent Changes to FHA, Fannie Mae and Freddie Mac Click here for Audio Version Changes to the biggest purchaser of mortgages has been coming fast and furious. I had some time to digest the changes and wanted to share some of it with you s
May 17, 2023 | Financial Markets Mortgage Rates Southern Nevada Real Estate Data Mortgage Market Review Interest Rates
FHA Drops Mortgage Insurance Premiums! Hud has decided to lower monthly mortgage insurance premiums effective immediately from .85% to .55%. This is equivalent to nearly 3/8ths of a percent decrease in rate. On a $400,000 loan amount this translates int
Mar 10, 2023 |
Click here for Audio Quick note in an attempt to help the self-employed home buyer on Valentine’s Day: Every year, around late spring, I have to break the hearts of many self-employed buyers because they just filed their tax returns and the way they filed
Feb 13, 2023 |
First I want to say Happy New Year to you all! Cheers to 2023!!! Financial Markets-Stocks The stock markets are enjoying a nice rally with the latest CPI report released yesterday morning. The report largely came in as expected but generally speaking in
Jan 12, 2023 |
Click here for Audio Important Product Updates! 3-2-1 buy downs now for FHA, Conventional and VA. This means the buyer could have a start rate of 3.5% in year 1, 4.5% in year 2, 5.5% in year 3 and finally 6.5% in year 4. On a $400,000 loan amount this w
Dec 09, 2022 |
Audio Version Hello and welcome back! There is a treasure trove of important data released over the past several days and I want to get right to it but before I do I need to clean up parts of my commentary from last month regarding 2-1 buy downs. If you
Nov 10, 2022 | Interest Rates Financial Markets Southern Nevada Real Estate Data Mortgage Rates Down Payment Assistance Mortgage Refinances